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❓ASK Why is XRP ramping suddenly?

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Sudipta

Sudipta

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I don't know why but XRP started to ramp suddenly and the current price is 0.35$ when I am writing this thread and about 45% increase in last 24 hours. I just checked and I didn't see any news of ripple winning the lawsuit. Why is XRP ramping then?
 
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Sudipta said:
Yeah definitely, I am also currently planning to invest some on XRP but the risk is very high as if ripple looses the lawsuit, we may see XRP die totally.
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Maybe the coin might drop in value if it loses the lawsuit but I don't think it can just die totally because of the lawsuit. Or how do you see the situation.
 
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Sudipta said:
Yeah definitely, you should consider planning before taking any step but planning doesn't works always, cryptocurrencies are very unpredictable so you have to keep an eye on the trends and follow your instincts, do not go for panic sell specially for bitcoin as bitcoin will rise again soon or later, don't worry but in case of other cryptocurrencies, the price is very volatile.
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Well, since we can't really tell whether things will go the way they are planned, we need to experiment or put them in a practical form. If it works, then I think it will definitely lead to success.
 
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Rollerkid said:
Maybe the coin might drop in value if it loses the lawsuit but I don't think it can just die totally because of the lawsuit. Or how do you see the situation.
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Yeah actually I didn't mean that ripple will die totally none of the coins die out and ripple is way much popular in the cryto market. The price may low much and this ei affect the reputation of ripple and most of the large investor may not invest on ripple as the price may become much volatile.
 
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Sudipta said:
Yeah actually I didn't mean that ripple will die totally none of the coins die out and ripple is way much popular in the cryto market. The price may low much and this ei affect the reputation of ripple and most of the large investor may not invest on ripple as the price may become much volatile.
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Yeah, that is true. When the value comes down drastically as a result of the lawsuit effect, it might lose a lot of investors just like how you said.
 
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No need to hear the news of ripple winning the law suit, of which they will win. People still have believe in ripple, they are still investing in ripple, that is why the price is increasing
 
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Rollerkid said:
Yeah, that is true. When the value comes down drastically as a result of the lawsuit effect, it might lose a lot of investors just like how you said.
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Yeah lots of investors are awaiting for the positive news. We all want the lawsuit to end soon and the price of XRP ramp towards it's all time high.
 
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Sudipta said:
Yeah lots of investors are awaiting for the positive news. We all want the lawsuit to end soon and the price of XRP ramp towards it's all time high.
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Sure, we all are hoping the day of the lawsuit should arrive and we see how ripple will defend themselves. And hopefully after the lawsuit, price will skyrocket soon.
 
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Rollerkid said:
Sure, we all are hoping the day of the lawsuit should arrive and we see how ripple will defend themselves. And hopefully after the lawsuit, price will skyrocket soon.
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Yeah we are waiting hard for that moment, as soon as ripple wins the lawsuit, we may see bull rush more powerful than of the bitcoin's rush.
 
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Sudipta said:
Yeah we are waiting hard for that moment, as soon as ripple wins the lawsuit, we may see bull rush more powerful than of the bitcoin's rush.
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Sure, if the case proved positive for ripple, l think the bullish run will be very stronger than that of bitcoin even because most people will now be much confident about the coin and its management.
 
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Rollerkid said:
Sure, if the case proved positive for ripple, l think the bullish run will be very stronger than that of bitcoin even because most people will now be much confident about the coin and its management.
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Yeah definitely, people will feel safe than before as there will be very low possibility of XRP facing any legal bindings again in future. So surely the price will skyrocket
 
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Sudipta said:
Yeah definitely, people will feel safe than before as there will be very low possibility of XRP facing any legal bindings again in future. So surely the price will skyrocket
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Yeah true.
That's why we are just seeing the future of ripple to be on this lawsuit because whatever decision ripple investors take will be from the results of the lawsuit.
 
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Rollerkid said:
Yeah true.
That's why we are just seeing the future of ripple to be on this lawsuit because whatever decision ripple investors take will be from the results of the lawsuit.
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Yeah the future of ripple not basically depends on the result of the lawsuit and every investors are waiting for that moment when ripple will be announced free from the lawsuit and the price will skyrocket within few hours.
 
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Sudipta said:
Yeah the future of ripple not basically depends on the result of the lawsuit and every investors are waiting for that moment when ripple will be announced free from the lawsuit and the price will skyrocket within few hours.
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I do really hope it happens exactly the way you have described. A very speedy recovery is very important for the future of ripple.
 
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Niftyicon said:
I do really hope it happens exactly the way you have described. A very speedy recovery is very important for the future of ripple.
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Yeah definitely as soon as ripple wins the lawsuit, every investors will feel safe to invest on ripple as thus the price will automatically start to skyrocket.
 
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Taimoor Jutt said:
Oh Noticed, yes it increased . it's too much increment as 45%. May be this increasing or growth will be temporary just to catching attractions. But it may be because every currency is increasing its values though.
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Who knows? To be candid, there are so many things that are extremely confusing for me where xrp is concerned. I guess I would understand better when the lawsuit is done and over with.
 
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For now ripple is very unpredictable, the price can tilt anytime. Until the lawsuit is over, investing on ripple is very risky. So let's wait and hope for the lawsuit to end soon.
 
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Taimoor Jutt said:
Oh Noticed, yes it increased . it's too much increment as 45%. May be this increasing or growth will be temporary just to catching attractions. But it may be because every currency is increasing its values though.
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The growth of ripple after it was down as low as $0.19 was just like surprisingly to most people and we cannot easily predict what caused that rapid increase.
 
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Rollerkid said:
The growth of ripple after it was down as low as $0.19 was just like surprisingly to most people and we cannot easily predict what caused that rapid increase.
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That is the confusing part because most people will expect that with the lawsuit and the delisting from several exchanges, the price would be falling.
 
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Niftyicon said:
That is the confusing part because most people will expect that with the lawsuit and the delisting from several exchanges, the price would be falling.
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When this was happening, many people thought this might be the end of Ripple not knowing that the world is a bouncing ball and can land on any direction.
 
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